Should You Invest in the State Street Technology Select Sector SPDR ETF (XLK)?
Designed to provide broad exposure to the Technology - Broad segment of the equity market, the State Street Technology Select Sector SPDR ETF (XLK) is a passively managed exchange traded fund launched on December 16, 1998.Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors.Additionally, sector ETFs offer convenient ways to gain low ri ...